13/01/2026
To close out the year, we are excited to announce two significant milestones across our Platform:
1. New fund series launched with Westfield Chermside investment
The Dexus Strategic Investment Trust (DSIT) series is designed to provide investors with access to high-quality assets held for long-term value creation.
The first fund in the series, DSIT1, is seeded through a 25% interest in Westfield Chermside. This acquisition leverages our relationship with Scentre Group and takes our Platform stake in the iconic Brisbane centre to 50%.
2. DREP2 total equity commitments increase to circa $870 million
An additional circa $390 million of equity commitments have been raised towards Dexus Real Estate Partnership 2 (DREP2)’s strategy since the FY25 result. Total commitments at circa $870 million exceed the initial $600 million target and signal the final close later this month. The latest equity raise positions DREP2 as one of the largest and most diversified opportunity funds in the Australian market.
Our Funds platform provides investors with access to high-quality assets across multiple strategies that align with their specific investment objectives. By working closely with our investment partners, we’re able to deliver compelling opportunities and continue to expand our platform offering.